Jefferies Group Weighs in on Safestore’s FY2019 Earnings (SFSHF)

Safestore (OTCMKTS:SFSHF) – Equities research analysts at Jefferies Group increased their FY2019 earnings estimates for Safestore in a research report issued on Thursday, April 19th. Jefferies Group analyst M. Prew now anticipates that the company will post earnings of $0.40 per share for the year, up from their prior forecast of $0.38. Jefferies Group also issued estimates for Safestore’s FY2020 earnings at $0.41 EPS.

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Separately, Zacks Investment Research upgraded Safestore from a “hold” rating to a “buy” rating and set a $7.25 price target for the company in a research report on Tuesday, January 23rd.

Shares of SFSHF opened at $7.20 on Friday. Safestore has a 52 week low of $6.27 and a 52 week high of $7.20.

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About Safestore

Safestore is the UK's largest self-storage group with 146 stores, comprising 120 wholly owned stores in the UK (including 67 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 26 wholly owned stores in the Paris region.

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